Poverty is a part of life for many people in Nepal. Nepalese economy is dependent on foreign assistance. Getting loan and foreign aid is not bad because Nepal really needs foreign assistance to sustain its economy. However, this is not good for any country.

Nepalese tax payers have to bear the burden of the interest of foreign loan. So, is there any way out for the country? U.S. Ambassador Nancy J. Powell feels that it possible for Nepal to come out of its dependency on foreign assistance. I found a write up of speech of Nancy J. Powell in Telegraph Nepal:
Nepal can end its dependency on foreign assistance
Nancy J. Powell feels that Hydropower, Tourism and Technology can help Nepal in this regard.
i think this is very site ,i like very good!
Posted by: 徵信社 | April 13, 2008 7:13 PM | Permalink to Comment